AEye, Inc. (NASDAQ:LIDR), a global leader in adaptive, high-performance lidar solutions, and Intetra, a premier provider of end-to-end solutions for Intelligent Transportation Systems (ITS) and Electronic Toll Collection Systems (ETC), today announced the development and deployment of their state-of-the-art lidar-based tolling solution. The automated tolling system, powered by AEye’s 4Sight™ Intelligent Sensing Platform, provides greater reliability at a lower cost over inductive loop systems and other above-ground detection modalities, including camera and radar. Intetra is deploying the new automated tolling system in Turkey and Kazakhstan, with the intention of expanding the relationship to include other ITS applications and geographies globally.
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Intetra’s lidar-based tolling solution leverages AEye’s 4Sight™ Intelligent Sensing Platform to provide accurate, real-time detection and generate actionable and precise data to support automated tolling. (Graphic: Business Wire)
“This lidar-based tolling system is truly groundbreaking. It leverages AEye’s software-defined architecture to provide accurate, real-time detection, and generate actionable and precise data to support automated tolling,” said Intetra CTO Recep Bahar. “Not only that, it’s easy to install, operate, and maintain – a huge time and cost savings realized over previously installed inductive loop systems, which required cutting into pavement and re-routing traffic to make improvements.”
The companies will be showcasing the automated tolling system at AEye booth #1403 at the ITS World Congress, taking place in Los Angeles from September 18 to 22, 2022. For more information or to schedule a demo, go to: https://www.aeye.ai/demo/.
